Business, Legal & Accounting Glossary
A state where an individual or organisation can no longer meet financial obligations with lender(s) when their debts come due.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Insolvency are sourced/syndicated and enhanced from:
This glossary post was last updated: 7th January, 2020